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Finnish operator RAY has confirmed plans to open the country’s second casino in Tampere with the first phase of the project scheduled to be completed in 2020.

RAY was granted government approval to open a second casino in 2011.

The casino in the southern city of Tampere will be part of a bigger complex with restaurants, shops and a hotel, as well as Finland’s largest sports and event arena.

The construction work is expected to start in Spring 2017.

RAY said that Tampere had offered the “strongest basis” for operation of a casino after it received 76 applications from locations interested in hosting the venue.

During August 2016 RAY opened two “Feel Vegas” mini-casinos one in the northern city of Rovaniemi, the official home town of Santa Claus, and another in Espoo, following a trial periods of operation.

The Finnish government expects to merge the country’s three gambling licensees at the start of 2017. The merger is planned to come into effect on January 1, 2017 and until then RAY, the lottery Veikkaus and Fintoto will continue to operate under the current system.   It was announced in June 2016 that the name of the future monopoly operator will be Veikkaus.

Under legislation, a new draft of which was submitted in September 2016, the soon-to-be merged state monopoly may be allowed to offer new products such as fantasy sports virtual sports betting and e-sports bets.

Gross gaming revenue for the regulated gambling market in Finland grew 2.5 percent last year to €1.7bn.

ECA MEMBERS

ECA MEMBERS :   Veikkaus OyCasino Helsinki 

NUMBER OF CASINOS

2015 01
2014 01
2013 01

NUMBER OF EMPLOYEES

2015 0220
2014 0120
2013 0123

TERRESTRIAL CONSUMER PROTECTION / SOCIAL RESPONSIBILITY MEASURE

In its legislation, the Finnish government has traditionally put a great deal of emphasis on addiction prevention and player protection.

Following the reforms which came into effect in 2012, Finland stuck by its monopoly framework, considering gambling not to be a normal economic activity. The European Commission confirmed the compliance of Finland’s gambling laws with EU law in 2013.

Finland has put in place player protection measures such as maximum wagers, self-exclusion measures and restrictions to operating hours. Customers must be at least 18 years of age, and must be registered when they enter a venue.

A RAY customer programme introduced in Autumn 2012 makes it possible for the player to set limits to control how much
time and money they want to spend gambling. So far 200,000 customers have already signed up.

Online Player Protection: Before playing online, the player’s name, social security number, age and address are checked by the Finnish gambling corporations.

To be allowed to play, customers must:
Be at least 18 years of age;
Have a Finnish bank account; 

Have a Finnish social security number; 

Have a permanent address in mainland Finland. 


Finland forbids any free games or “play-money games” before players are registered, and customers are only allowed one account. 


The information that players provide is then checked against the Population Information System (PIS), which provides up-to-date and real-time data from the National Public Register. 


Self-exclusion measures and session timers are in place.

Games in which players play each other, including poker, have no daily cap, but there is a maximum limit of €5,000 on all gambling accounts and customers cannot put more funds into their account between 12am and 6am. 


As part of the registration process for online gambling, players must set daily and monthly loss limits. These limits will apply to all types of online gambling at www.ray.fi. 

There are maximum daily loss limits of €500 for both slot machine and table games. 


Customer make apply for a personal self-exclusion at the Casino premises personally.
In current Finnish legislation it is not possible to apply an exclusion to anybody else for example a married partner or other family member.

Organization:  Gambling hotline "Peluuri" offers support, information and consultation services on a helpline, the Internet and via sms.

 

Legal Gambling Age: 18 Years Old

Smoking Ban: Yes. However, smoking-permitted rooms are allowed. Nonetheless, gambling activities may not be offered in smoking-permitted rooms.

THE REGULATED MARKET

NATURE OF THE CASINO MARKET

Terrestrial: Monopoly (State-owned)

Online: Monopoly (State-owned)

 

REGULATED CASINO GAMES

Terrestrial:Roulette, card and dice or other comparable games in which players can win money.

Online:Casino games (slot machines, roulette, etc.)

 

RESPONSIBLE REGULATOR FOR TERRESTRIAL AND ONLINE CASINO GAMES

Ministry of the Interior

THE ILLEGAL MARKET

Size of Illegal Gambling Market:Illegal online casino, betting and poker €140 m. RAY's estimate based on: PAF figures, H2GC, Alexa.com, gambling researches, Veikkaus´s estimate of the market. Illegal offline market: approx. 0

Market Protection Measures / Tools to Tackle Illegal Gambling:There are advertising restrictions for unlicensed operators. Website blocking and payment blocking are not provided for.

IN THE CASINO

NUMBER OF CASINO VISITS

2015 432000
2014 284000
2013 276000

REVENUES (GGR & Tips EUR Million)

2015 42 million
2014 28 million
2013 28 million

HIGH-LEVEL MARKET DATA

Currency : Euro

Population:5,482,010 
(Source:The World Bank)

GNI (2014, Local Currency, Millions): 1,97,687
(Source: Eurostat)

Internet Penetration (Internet Users):92.4%
(Source: The World Bank)

Mobile Penetration (Mobile Cellular Subscriptions): 140%
(Source: The World Bank)

Doing Business Ranking (June 2015):10
(Source: World Bank Group)

Prepared by :

Last Updated: 1st September 2016